Forex
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EUR/JPY Rises toward 186.00 after rebounding from ascending channel bottom
EUR/JPY could rise toward the upper boundary of the ascending channel around 187.70. With the 14-day Relative Strength Index at…
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Dollar Steadies as US Tightens Iran Sanctions
The dollar index steadied near 99 on Tuesday after gaining some ground in the previous session, supported by safe-haven demand…
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Trade of the day: AUDNZD
Facts The AUDNZD exchange rate returned today to its 10-day exponential moving average (EMA10; yellow). New Zealand retail sales unexpectedly…
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Chart of the Day: Trump drives the Canadian dollar sell-off
The week has begun with relatively low volatility in the currency market. An exception is the Canadian dollar, which is…
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Indian Rupee strengthens due to strong capital inflows, RBI support
Indian Rupee receives support from capital inflows and expected RBI support. Declining crude offers relief to INR, but pending US…
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Euro holds steady against US Dollar amid US debt strategy
EUR/USD gains as the US Dollar declines on US Treasury bond buyback plans Escalating US-Iran geopolitical tensions could drive safe-haven…
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British Pound holds near Feb. 11 highs vs weak USD as bulls await breakout above 1.3660
GBP/USD maintains its bid tone for the fourth straight day amid the prevailing USD selling bias. Reduced Fed rate-hike bets…
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Canadian Dollar bears seem hesitant as weak USD counters US-Canada trade war
USD/CAD kicks off the new week on a positive note, though it lacks follow-through buying. US-Canada trade war fears and…
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Japanese Yen advances on BoJ rate hike bets, subdued US Dollar
USD/JPY falls as two months of accelerating Japanese inflation heightened expectations for a September BoJ rate hike. The US Dollar…
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United States Dollar Index softens below 99.00 on US fiscal concerns
US Dollar Index weakens to around 98.80 in Monday’s Asian session. Treasury bond buybacks raise concerns over the deteriorating fiscal outlook. Bessent…
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